The boss of WHSmith has said the retailer will not be opening any more high street stores in the UK.
Instead it will focus on UK airports and train stations, as well as opening shops in the US and Europe.
Chief executive Carl Cowling told the BBC: “We have a very healthy high street business in the UK. But we have no ambitions to grow that.”
WHSmith has about 550 UK high street stores and opening more “would just be a duplication”.
